Insider Buying: Ecora Resources (LON:ECOR) Insider Acquires 5,550 Shares of Stock

Key Points

  • Insider buying: Ecora Resources insider Kevin Flynn purchased 5,550 shares on May 19 at an average price of GBX 140, totaling £7,770.
  • Stock performance and valuation: Ecora Resources shares were down 2.1% and last traded at GBX 138.20, with a market cap of £344.74 million and a 12-month range of GBX 56.90 to GBX 155.20.
  • Analyst sentiment remains positive: Three analysts rate the stock a Buy, with a consensus target price of GBX 180, above the current share price.

Ecora Resources PLC (LON:ECOR - Get Free Report) insider Kevin Flynn acquired 5,550 shares of the stock in a transaction that occurred on Tuesday, May 19th. The shares were bought at an average price of GBX 140 per share, for a total transaction of £7,770.

Ecora Resources Stock Down 2.1%

Shares of Ecora Resources stock opened at GBX 138.20 on Wednesday. The company has a market cap of £344.74 million, a price-to-earnings ratio of 15.56, a price-to-earnings-growth ratio of 0.12 and a beta of 0.47. The company's 50 day moving average is GBX 138.01 and its 200 day moving average is GBX 125.83. Ecora Resources PLC has a twelve month low of GBX 56.90 and a twelve month high of GBX 155.20. The company has a quick ratio of 2.08, a current ratio of 1.20 and a debt-to-equity ratio of 20.72.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on ECOR shares. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 185 target price on shares of Ecora Resources in a report on Wednesday, April 29th. Berenberg Bank reissued a "buy" rating and issued a GBX 180 target price on shares of Ecora Resources in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada reissued a "buy" rating and issued a GBX 175 target price on shares of Ecora Resources in a report on Wednesday, March 18th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 180.




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About Ecora Resources

(Get Free Report)

Ecora Royalties is a leading critical minerals focused royalty and streaming company. Copper is at the core of our portfolio which also includes other commodities linked to the trend of electrification, energy transition, infrastructure renewal and urbanisation, digital infrastructure, robotics and energy security. Our cash generative portfolio includes producing royalties and streams and has a strong organic growth profile driven by royalties and streams already acquired and expected to generate substantial additional cash flow within the next five years.

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